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The paper studies wage and employment determination in the Swedish business sector from the mid-1910s to the late 1930s. This period includes the boom and bust cycle of the early 1920s as well as the Great Depression of the early 1930s. The events of the early 1920s are particularly intriguing,...
Persistent link: https://www.econbiz.de/10009533963
How can a country improve the productivity growth in its business sector and reach its growth potential? Sweden during … sector. In the 1990s, Sweden implemented a reform package that ignited a successful reorganization of a business sector that … of Sweden's reforms. We also discuss how the reform experience from a developed country such as Sweden can be useful for …
Persistent link: https://www.econbiz.de/10012002862
We provide novel systematic cross-country evidence that the link between domestic labour markets and CPI inflation has weakened considerably in advanced economies during recent decades. The central estimate is that the short-run pass-through from domestic labour cost changes to core CPI...
Persistent link: https://www.econbiz.de/10012612957
Our results from a laboratory experiment offer new evidence for the detrimental effects that cheating behaviour in the workplace may have on the degree of reciprocity between firms and workers. First, we replicate existing findings showing that in the absence of monitoring (cheating is possible)...
Persistent link: https://www.econbiz.de/10012486435
Using cross-country time series panel regressions for the last two decades, this paper seeks to identify the main policy and institutional factors that explain the share of self-employment across European countries. It looks at the aggregate share of self-employed as well as its breakdown by...
Persistent link: https://www.econbiz.de/10012388242
Using 136 United States macroeconomic indicators from 1973 to 2017, and a factor augmented vector autoregression (FAVAR) framework with sign restrictions, we investigate the effects of three structural macroeconomic shocks - monetary, demand, and supply - on the labour market outcomes of black...
Persistent link: https://www.econbiz.de/10012157899
We study the labour market impact of a major shock of return migration, following the end of the Portuguese Colonial War in 1974. The retornados influx is unique because of its size (half a million people in a country of nine million), and similarity with the native population (almost 80% of the...
Persistent link: https://www.econbiz.de/10013383605
Persistent link: https://www.econbiz.de/10003635259
Persistent link: https://www.econbiz.de/10003763120
In their role as agenda setters and implementers of political decisions, bureaucrats potentially have the power to influence decisions in their own favor. It is however difficult to empirically test whether bureaucrats actually are involved in such actions. In this paper we suggest and apply a...
Persistent link: https://www.econbiz.de/10003771859